OK, the price of a barrel of oil dropped almost $10 on Thursday and went back up $3 on Friday. That with the 2% drop in gas use here in the US would make you thing that prices would go down.
However, during the weekend, the price remained the same as it was Thursday all over the area. Finally, Monday, I saw the price had dropped from $4.27 to $4.23 in Fox Lake. Today, gas was $4.20 in Johnsburg, down 10 cents from Thursday.
However, the Shell station at Chapel Hill and Illinois Hwy 120 was at $4.50 today!! The highest I've ever seen at a station.
Overall, the price of gas dropped a little...A VERY LITTLE!!! Other than the Shell station which was $4.40 two weeks ago. Perhaps the $4.50 was because they hadn't felt it necessary to lower their price.
Some are even predicting that gas will start dropping. That Big Oil has raised it to about as high as it can go.
I'm hoping their greed will get the better of them and they'll keep it going up. I'd like to see $6 to $7 a gallon. Then, perhaps, the government will actually take their playground privileges away. Or better yet, the price of oil will go into a spiral like it did before.
I will not be happy until gas is at $2.50 a gallon. Reasonable for us and a fair profit for Big Oil or whoever the part of the Axis of Evil who is doing this wants.
Still Not Funny. --RoadDog
University of Maryland Baltimore County
1 day ago